Money Management
Money management refers to the processes of budgeting, saving, investing, spending, or otherwise overseeing the capital usage of an individual or group.
7 Money Management Tips to Improve Your Finances.
Track your spending to improve your finances. Create a realistic monthly budget. Build up your savings—even if it takes time. Pay your bills on time every month. Cut back on recurring charges. Save up cash to afford big purchases. And, start an investment strategy.
This understanding provides you with a 360-degree view of your financial picture. The goal is to apply key financial disciplines to help you overcome the obstacles to wealth.
With a clear purpose for your money and sound management principles behind it, you are in much more control of your financial destiny.
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How to Build Wealth: Reviewing Our Nearly $1.4 Million in Investments
While we aren’t quite there yet, my wife and I took a step back to review our investment portfolio performance over the last 12 months. It was intriguing to see the progress. While the day-to-day news cycled through inflation fears, tariffs, market pullbacks, and even a Middle Eastern conflict, we stayed invested. It was a crash course in discipline, risk tolerance, and sometimes buying the dip while it kept dipping. In the end, our investment portfolio grew from $948,927.51 (April 1, 2025) to $1,398,505.46 (April 9, 2026). That’s a cash value increase of +$449,577.95 or +47.38%. That number is phenomenal, and the growth is solid. Being honest, too much growth…
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How to Make the Most of Money When the March Market Take Hits
The market is in full meltdown mode. Buy the dip in March 2026 but where is the end?
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A Study Found that Thriving U.S. Families Need to Make $150K a Year. Where Do You Fall?
The recent study, Measuring the True Cost of Economic Security, conducted by the Urban Institute, found that a well-off household needs to make at least $150,000 annually. The news hit social media like an expected tidal wave. This economic security threshold reminds us that the cost of living in the U.S. has ramped up dramatically. As the U.S. loses its political standing, along with the global increase in middle-class standards, the future is more expensive. U.S. households are already feeling the squeeze. Many of whom are surviving on less than $80,000 per year. Based on 2024–2025 Census Bureau data, median household income varies significantly by race. Asian (-led) households earn the highest…
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Retiring Early? Now What? What We Plan to Do.
Retiring soon and now what? Everything needs a well thought out plan in my opinion. I have a ton of ideas that will be tweaked.
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All’s Fair in Love, Tariffs, Stagflation and War
All is Fair in Love, Trump, Tariff Wars, Stagflation, and Nvidia earnings. Since we can't predict the future best thing to do now is to inflation-proof your net worth. Beyond that, hold tight.
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Retiring Early vs. $3 Million: Is It Better to Keep Working At that Price?
Recently, I was asked, “Why would you forgo your highest earning years in favor of retiring early?” Obviously, I never thought about it like that. The infinite wisdom of a random social media commenter truly changed my life… Nah. For one, I don’t think they understood how meticulous I could be regarding financial planning. I don’t know one person who retired and isn’t struggling financially, so I understand the caution. Being second-generation Haitian narrows the number of successful retirees to an elite few. Do Haitian-Americans retire? Sure. Maybe? Have I seen it? Not really. Do they even have enough money to really say that they retired? Nope. Most of their…
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How to Stay on Track to Reach Early Retirement
Not sure how the rest will manage working for an extra 25 years, we are out on early retirement in 6 years. At least that's the goal. Will we reach $5 million? Maybe or maybe not, at least we have a goal versus no goal at all.
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The U.S. Kicked Off the New Year with $1 Trillion in Gains!
Coming off of a rough 2022, a stellar 2023-2024, and a rocky 2025. 2026 should be challenging.
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Another Great Year for Investors, All Things Considered
Just a couple trying to retire with $5M invested assets.
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How to Set Up $2.5M Financial Goal in 2026
Coming off of 2020-2021 with $200k net worth increases year over year, the market slowed drastically for 2022 and 2023. 2024-2028 is looking promising for stocks. With my estimation holding at an average of 18% annually. Translation. It's still a great time to invest for the future. Even if there are down times here and there.
